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Page last updated at 09:43 GMT, Wednesday, 21 September 2011 10:43 UK

'Greece must be allowed to default'

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The European Commission has announced that talks to avert a financial meltdown in Greece have made "good progress". Representatives of the commission, the European Central Bank and the IMF, will go back to Greece next week for more discussions. Our economics correspondent Paul Mason is in Athens, and Mario Blejer, former governor of Argentina's Central Bank, examine what lessons can be learned from the Argentinean default in 2001.


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